by Dan Mitchell | Oct 28, 2022 | Blogs, Economics, Europe
The European Union started as a good idea (unfettered free trade between member nations) and has morphed into a troubling idea (a super-state based on centralization, harmonization, and bureaucratization). And I fear it is heading further in...
by Dan Mitchell | Oct 16, 2022 | Big Government, Blogs, Economics
In a recent column about Haiti, I cited a New York Times column and expressed puzzlement that the author could write about that nation’s poverty and barely mention the role of economic policy. Today, we’re going to focus on Nigeria. Just like...
by Dan Mitchell | Oct 14, 2022 | Blogs, Economics, Free Market
There are some Caribbean jurisdictions that are very rich and successful, such as the Cayman Islands. There are others that have middle-of-the-road track records, such as Barbados. Then there’s the basket case of Haiti. Here’s data from the World...
by Dan Mitchell | Oct 6, 2022 | Big Government, Blogs, Economics, Government Spending
At the end of last month, I wrote about the growth-maximizing size of government, citing a study that estimated that the public sector in Sudan should not consume more than 11.17 percent of the nation’s economic output. I realize that very few people care...
by Dan Mitchell | Oct 4, 2022 | Blogs, Economics, Free Market, Socialism
I have a multi-part series making the case for capitalism (Part I, Part II, Part III, Part IV, Part V, and Part VI), and I’ve shared lots of long-run data showing how some people began to enjoy unimaginable...